GOOD MORNING INDIA

May 22, 2019, Wednesday

Your Morning Newsletter In Energy And Infrastructure From Across The Media Space  

Power Grid bags first intra-state project under tariff-based competitive bidding

Power Grid bags first intra-state project under tariff-based competitive bidding

Power Grid Corporation has bagged a project to set up a transmission system for evacuating electricity from the 1,320 MW Jawaharpur thermal power project and to construct a substation in Uttar Pradesh.

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Cabinet nod sought to categorise hydro power as renewable energy

Cabinet nod sought to categorise hydro power as renewable energy

The power ministry has sought Cabinet approval for a policy change categorising large hydro projects as renewable energy sources. Currently, only hydro projects under 25 MW are identified as renewable energy.

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PFC may buy govt stake in REC for Rs 15,000 cr

PFC may buy govt stake in REC for Rs 15,000 cr

The Union Cabinet may consider a proposal on Thursday for sale of the Centre’s 52.63% stake in Rural Electrification Corporation (REC) to Power Finance Corporation (PFC) for about Rs 15,000 crore, at a hefty premium of 36% over the current market price.

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Outlook for port sector stable, rebound in coal volumes positive for players: ICRA

Outlook for port sector stable, rebound in coal volumes positive for players: ICRA

Terming rebound in coal volumes and steady progress on the Sagarmala project positive for Indian port sector players in the medium term, rating agency ICRA maintained stable year-end outlook for the port sector.

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Opinion: China, India pull back from coal imports, hurting prices

Opinion: China, India pull back from coal imports, hurting prices

It’s not shaping up as a merry Christmas for coal exporters to Asia as the region’s top buyers, China and India, pull back from the recent trend of strong imports. The Chinese authorities appear to be making good on a commitment

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CII urges govt to keep power tariff at competitive rates

CII urges govt to keep power tariff at competitive rates

Confederation of Indian Industry (CII) on Wednesday urged the government to keep the power tariff at competitive rates to foster socio-economic development here.

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Wind-solar hybrid plants discover Rs 2.67/unit tariff

Wind-solar hybrid plants discover Rs 2.67/unit tariff

The maiden auction for wind-solar hybrid plants has discovered `2.67/unit as the lowest tariff. According to official sources, the renewable energy arm of SBG Cleantech—a joint venture between Japan’s SoftBank Group Corp

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India likely to commission major hydropower project in Bhutan this month: Vijay Gokhale

India likely to commission major hydropower project in Bhutan this month: Vijay Gokhale

India is likely to commission a major hydropower project in Bhutan this month, Foreign Secretary Vijay Gokhale has said, vowing to strengthen bilateral collaboration in the energy sector.

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India conducts its first major wind-solar hybrid auction

India conducts its first major wind-solar hybrid auction

Softbank-backed SB Energy and Gautam Adani led- Adani Green Energy have won 840 MW of the 1,200 MW put on sale at the first wind-solar hybrid auction.

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India's installed renewable capacity reaches 73.35 GW

India's installed renewable capacity reaches 73.35 GW

India has already installed 73.35 GW of renewable power generation capacity and projects of 21.5 GW are under various stage of implementation, said a senior official.

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Fuel prices slashed after remaining unchanged on Wednesday, check December 6 rates here

Fuel prices slashed after remaining unchanged on Wednesday, check December 6 rates here

After remaining unchanged from Tuesday’s rates on Wednesday, fuel prices were again slashed on Thursday with petrol retailing at Rs 71.32 per litre, a fall of Rs 0.40 and diesel at Rs 65.96 per litre which was a fall of Rs 0.43. In Mumbai,

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Why govt should revisit move to limit marketing margins of OMCs

Why govt should revisit move to limit marketing margins of OMCs

Shares of state-run oil marketing companies (OMCs)—Indian Oil Corp. Ltd, Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL)—had declined by 25-35% in just two trading sessions in early October after

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Centre to spend Rs 70,000 crore for gas pipeline network

Centre to spend Rs 70,000 crore for gas pipeline network

The Centre will initially spend Rs 70,000 crore to spread gas pipelines across the country, and is working out plans to expand gas network to Myanmar through Bangladesh, Union Minister Dharmendra Pradhan said Wednesday.

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Gas pipeline network to be expanded to Bangladesh

Gas pipeline network to be expanded to Bangladesh

A massive network of pipelines is being built for transportation of natural gas to various corners of the country for promoting gas-based economy. The Centre will invest Rs 70,000 crore in the first phase to spread gas pipeline across

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Oil prices dip as stock markets slide, but trading tepid ahead of OPEC meeting

Oil prices dip as stock markets slide, but trading tepid ahead of OPEC meeting

Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut that has pulled down crude prices by 30 percent since October.

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Trump asks Opec not to cut production

Trump asks Opec not to cut production

US President Donald Trump on Wednesday urged OPEC members not to slash production at their upcoming meeting, saying global oil prices should remain low.

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Oil prices: Saudis, Russia haggle on crude as Donald Trump tells OPEC to keep pumping

Oil prices: Saudis, Russia haggle on crude as Donald Trump tells OPEC to keep pumping

OPEC and its allies continued to haggle over the size of potential crude-production cuts in Vienna on Wednesday as U.S. President Donald Trump urged the group to keep the taps open and prices down.

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Railways Gear Up to Tackle Ambedkar 'Mahaparinirvan Diwas' Rush Today

Railways Gear Up to Tackle Ambedkar 'Mahaparinirvan Diwas' Rush Today

Railways have made elaborate arrangements to deal with heavy rush of passengers visiting Mumbai on the occasion of the 62nd death anniversary of B R Ambedkar which falls on December 6.

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Airboat service from Varanasi to Prayagraj likely in January

Airboat service from Varanasi to Prayagraj likely in January

The Centre is planning to start an airboat service from Varanasi to Prayagraj for the Kumbh Mela next year, road transport and shipping minister Nitin Gadkari said Wednesday.

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Railways to create WhatsApp group for security of passengers

Railways to create WhatsApp group for security of passengers

The State Level Security Committee for Railways held here today decided to create a WhatsApp group to share intelligence for the security of train passengers. The WhatsApp group would include both GRP and RPF

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This IRCTC ChatBot can quickly help you with IRCTC train enquiry and ticket booking

This IRCTC ChatBot can quickly help you with IRCTC train enquiry and ticket booking

IRCTC or Indian Railway Catering and Tourism Corporation boasts off one of the most visited websites in India with over 4 million daily users and there are a lot of queries from users in regards to train enquiry, ticket booking and more.

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